POPULARITY
The cornucopia of digital apps for healthcare administration, patient care, treatment, and optimization can be overwhelming, and the growth in AI raises questions of how far to trust each app. Mayo Clinic Platform has created a program to help health IT companies leverage Mayo Clinic Platform data, pursue clinical validation, and get their solutions deployed and adopted by healthcare organizations faster.One of the early companies to start leveraging Mayo Clinic Platform was Dock Health. We sat down for an interview with Dr. Michael Docktor, CEO at Dock Health, and Dr. Sonya Makhni, Medical Director at Mayo Clinic Platform, to learn more about the Platform and how it's helping companies like Dock Health develop solutions more quickly to better serve healthcare customers.Learn more about Mayo Clinic Platform: https://www.mayoclinicplatform.org/Health IT Community: https://www.healthcareittoday.com/
John D. Halamka ist Präsident der Mayo Clinic Platform und treibt die Zusammenarbeit zwischen Lösungsentwicklern, Datenpartnern und Gesundheitsdienstleistern voran, um die Transformation des Gesundheitswesens maßgeblich zu gestalten. Mit einem Hintergrund in der Notfallmedizin und medizinischen Informatik blickt Dr. Halamka auf über 25 Jahre Erfahrung in der Entwicklung und Umsetzung von Strategien und Richtlinien zur Digitalisierung im Gesundheitswesen […] Der Beitrag John D. Halamka – Präsident der Mayo Clinic Platform über die digitale Transformation im Gesundheitswesen erschien zuerst auf Visionäre der Gesundheit.
On the show today, we are honored to have Dr. John Halamka, the Dwight and Dian Diercks president of the Mayo Clinic Platform, a digital initiative that brings together solution ...
On this episode of Digital Squared: From the Archives, we're revisiting a 2020 conversation with Dr. John Halamka from Mayo Clinic. He is currently president of the Mayo Clinic Platform, a digital initiative that brings together solution developers, data partners and healthcare service providers to transform healthcare.Together, Tom and Dr. Halamka discuss AI in patient care, ethical use of data and his 1% rule for making a huge impact.
The promise of AI in healthcare hinges on a fundamental requirement: high-quality data. Without it, even the most advanced algorithms will fail to deliver meaningful results, according to Sonya Makhni, MD, Medical Director of Applied Informatics at Mayo Clinic Platform. “Data quality isn’t always the most exciting topic at conferences, but it’s the foundation of […] Source: Clean Data Combined with Federated Learning Keys to Maximizing AI Efforts on healthsystemcio.com - healthsystemCIO.com is the sole online-only publication dedicated to exclusively and comprehensively serving the information needs of healthcare CIOs.
The rapid evolution of AI is reshaping healthcare, but navigating its complexities requires a blend of pragmatism and innovation, according to Dr. John Halamka, President of Mayo Clinic Platform. As health systems grapple with AI integration, the challenge lies in balancing cutting-edge advancements with regulatory constraints and operational realities. Scroll down to watch or listen […] Source: AI's Future in Healthcare: Balancing Innovation, Regulation, and Practicality on healthsystemcio.com - healthsystemCIO.com is the sole online-only publication dedicated to exclusively and comprehensively serving the information needs of healthcare CIOs.
The Mayo Clinic Platform is chasing the perennial technology promise: of boosting innovation from a wide range of sources by reducing the burdens of development, testing, integration, and administrative management. Jeff Wu, Vice President of Technology describes their platform as allowing "rapid iteration at early stages with non-production data" to "build trust over time." They include a "distributed data network" that collects data "from participants across the globe." Learn more about Mayo Clinic Platform: https://www.mayoclinicplatform.org/ Health IT Community: https://www.healthcareittoday.com/
In this episode, Laura Dyrda interviews Steve Bethke, Vice President of Product Portfolio at Mayo Clinic Platform. They discuss how Mayo Clinic Platform is driving innovation in healthcare by empowering solution developers, facilitating access to high-quality data, and bridging the gap between digital health solutions and healthcare providers.
In this episode, Laura Dyrda interviews Steve Bethke, Vice President of Product Portfolio at Mayo Clinic Platform. They discuss how Mayo Clinic Platform is driving innovation in healthcare by empowering solution developers, facilitating access to high-quality data, and bridging the gap between digital health solutions and healthcare providers.
In this episode of the Medical Alley Podcast, host Ben Wagner sits down with Steve Bethke, vice president of the Solution Developer Market at Mayo Clinic Platform, to explore the groundbreaking work happening at Mayo Clinic Platform_Solutions Studio. Steve shares insights into how the Solutions Studio is driving the transformation of digital health through innovative collaborations and cutting-edge initiatives. Discover how Mayo Clinic is leveraging technology, expertise, and partnerships to revolutionize patient care and shape the future of healthcare. Send us a message!Follow Medical Alley on social media on LinkedIn, Facebook, Twitter and Instagram.
John Halamka is the President of the Mayo Clinic Platform and a leading expert in digital health and AI. He has traveled to 21 countries, helping to scale digital health solutions and address regulatory and ethical challenges in the reuse of healthcare data. Addressed topics in this discussion: 1. Differences in regulatory frameworks and cultural expectations across countries. 2. Comparison of the U.S. and European approaches to AI and data exchange. 3. Risks associated with generative AI and the need for a credibility scores. 4. Observations from various countries on AI adoption. Importance of local tuning for algorithm validation. 5. Data Standards and Future Trends. 6. Advice for Governments and Healthcare Institutions: Encouraging a proactive approach to AI adoption -Starting with low-risk projects and building trust and reliability. Website: www.facesofdigitalhealth.com Newsletter: https://fodh.substack.com/ Youtube: https://www.youtube.com/watch?v=tH9qYpFW-W8
If you ever want to go to a healthcare innovation conference that doesn't shy away from potentially controversive topics, HLTH is your place to go. In June 2024, the conference, which attracts 12,000 people in the US, came to Europe. At the center of the exhibition hall stood the Heart Stage focused on topics related to women's health. Around it were the exhibitor booth and other stages, each designed with a different theme, each like a theatre setup that made speakers feel like stars. Why do people love going to HLTH? Because it's focused on the experience of the attendees in “a little extra” way. The ticket includes meals, music, there were massage and hair salon in the middle of the exhibition floor, lots of evening networking events, from more formal but still unusual ones, such as the Phillips reception in a museum, to the closing evening with a concert by The Libertines. When the experience is good, and festival-live, it attracts people. When people come, you very quicky attract VIPs of the industry, who many hope to meet and do business with. Win win. In this episode, you will hear impressions and insights from speakers and attendees of the event. You will hear about: partnerships and investment in Europe, women's health, the German market, what companies don't understand about patient engagement, and AI. Speakers: John Halamka, President of Mayo Clinic Platform, Sara Schmachtenberg, Digital Health Venture Expert / Head of Data and Analytics, Europe & USA at Galen Growth, Simon Phillip Rost, the Chief Marketing Officer at GE Healthcare, Jen Horonjeff, PhD, Founder and CEO of Savvy Cooperative, and Ronnie Sharpe, co-founder and COO at Savvy Cooperative, Christophe Jauquet, Author & Professional Keynote Speaker on how business & technology shape a healthier, happier, more sustainable future. Dorothée Marie-Louise Doepfer, Deputy Head of Digital Labs / Program Management Digital Health Accelerator & Community Building & Co-organizer Berlin Institute of Health at Charité. www.facesofdigitalhealth.com Newsletter: fodh.substack.com
About Maneesh Goyal:Maneesh leads operations, strategy, and financial performance for Mayo Clinic's Platform initiativeHe brings a cross-disciplinary background in finance, investing, product development and engineering. Prior to joining Welltok, Maneesh was a Managing Director with Miramar Venture Partners, a leading early-stage investor focusing on the information technology space. With Miramar, Maneesh led investments and was an advisor and board member for several health and consumer Internet companies. Before entering the venture world, Maneesh was an early employee with Broadcom, a Fortune 500 Company, leading product development and engineering efforts in more than a dozen communications technology solutions.Maneesh earned a bachelor's degree in biomedical engineering from Worcester Polytechnic Institute, a master's in electrical engineering from the University of Southern California, and an MBA from the Anderson School of Management at UCLA.Things You'll Learn:AI is utilized for early disease detection and precision medicine, revolutionizing patient outcomes while significantly reducing costs compared to traditional methods.The Mayo Clinic Platform integrates technology to facilitate a seamless convergence of providers, innovators, and healthcare institutions, emphasizing its holistic approach beyond mere technological advancements.Mayo Clinic's collaborations drive healthcare progress, facilitating global accessibility to clinically validated tools and highlighting their dedication to integrated medicine.The Mayo Clinic platform seeks to overhaul the healthcare system, aiming for reduced infection risks and more efficient home care, thereby modernizing hospitals that have remained largely unchanged for 150 years.Through seamless partnerships, the Mayo Clinic platform utilizes technology to deliver healthcare services in unprecedented ways, prioritizing innovation and efficiency.Resources:Connect with and follow Maneesh Goyal on LinkedIn.Follow the Mayo Clinic on LinkedIn and visit their website.
In this episode of “Answers From the Lab,” host Bobbi Pritt, M.D., chair of the Division of Clinical Microbiology at Mayo Clinic, is joined by William Morice II, M.D., Ph.D., CEO and president of Mayo Clinic Laboratories. They discuss the platform business model and how it's being used in the healthcare industry to drive innovation and reimagine how care is provided.Their discussion includes:Key takeaways from the recent conference hosted by Mayo Clinic Platform.What constitutes a platform and how the model is being implemented in the healthcare industry.How the platform model can transform the way healthcare is delivered, and the implications this transformation has on laboratory medicine and pathology.
The rise of generative AI has impacted healthcare in many ways – one of which is that it's pushing Big Tech toward becoming not just a relevant, but a central player in the industry. And when we're talking Big Tech, we have to include Google. Google's activity in healthcare has been turbulent since it entered the space nearly two decades ago, but it's impossible to deny the significance of the contributions it's made to the industry. Now with the rapid growth of genAI, Google is refining its healthcare strategy to drive maximum impact in the areas it's best positioned to – places like consumer, therapeutics, diagnostics, and more. At the forefront of this work is Dr. Karen DeSalvo, Google's Chief Health Officer. This week, guest host Eric Larsen, President Emeritus of Advisory Board and President of Towerbrook Advisors sits down with Dr. DeSalvo to unpack the seemingly boundless opportunities of generative AI to evolve healthcare and the unique—and scoped—role Google is playing in helping advance that evolution. Links: Lessons from the C-suite AI in healthcare: Insights from 10 C-suite executives Ep. 197: Lessons from the C-Suite: Demystifying generative AI with Dr. John Halamka, President of Mayo Clinic Platform Ep. 185: AI adoption: why you can't afford to "wait and see" Ep. 180: Tom Lawry on why AI has a PR problem The chronic condition we should be talking about: Challenges and opportunities in migraine care Learn about Advisory Board Fellowship A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com.
Brought to you by: Mayo Clinic Talks Podcast Host: Nicole Nfonoyim-Hara Guests: John Halamka, M.D., M.S., and Sonya Makhni, M.D., M.S., M.B.A. On this episode of the RISE for Equity podcast, Dr. John Halamka and Dr. Sonya Makhni join host Nicole Nfonoyim-Hara to explore the multifaceted realm of Equity in Artificial Intelligence (AI). Delving into AI's applications in healthcare and various industries, this episode sheds light on its potential to transform patient care experiences. Listeners gain a deeper understanding of how AI is reshaping healthcare and are equipped with insights to recognize its presence and benefits within the healthcare landscape. This episode also serves as a beacon illuminating the transformative potential of artificial intelligence in improving patient care experiences. John D. Halamka, M.D., M.S., is a dedicated leader in advancing technology and policy for information exchange among healthcare stakeholders. Currently serving as President of the Mayo Clinic Platform, Dr. Halamka collaborates on research addressing algorithmic bias. With a rich background in education, including 25 years as a professor at Harvard Medical School, he is committed to nurturing the next generation of healthcare technology professionals. Sonya Makhni, M.D., M.S., M.B.A., serves as the Medical Director of Mayo Clinic Platform. Her focus spans data systems transformation, ML operations, AI bias mitigation in healthcare, health equity, innovation, change management, and novel care delivery models. Additionally, she is a Senior Associate Consultant in Hospital Internal Medicine at Mayo Clinic. Learn more at https://mcpress.mayoclinic.org/rise-for-equity/ Connect with the Mayo Clinic's School of Continuous Professional Development online at https://ce.mayo.edu/ or on Twitter @MayoMedEd. “Wonderful thing about AI is it captures knowledge and democratizes access to that knowledge. Any doctor anywhere, any patient anywhere can get the benefit of the best knowledge gathered across our entire population” – Dr. John Halamka “It's equal parts up to the technology and equal parts up to us to understand how to harness the technology and hold ourselves accountable in terms of making sure the technology developers and the technology users are ensuring that we are, in actuality, also pursuing a raised bar of clinical practice.” – Dr. Sonya Makhni
Summary: Dr. Clark Otley discusses the importance of physician involvement in the development of devices and technology in dermatology. He shares his experiences in innovation and business development at Mayo Clinic, highlighting the process of bringing ideas from ideation to market. Dr. Otley also introduces the Mayo Clinic Platform, a digital innovation platform that aims to assist entrepreneurs and innovators in the field of digital healthcare technology. He emphasizes the potential of AI in dermatology and the importance of physicians being at the forefront of technological advancements. Takeaways: Physicians should be actively involved in the development of devices and technology in dermatology to ensure they meet the needs of clinicians and patients. The process of bringing an idea from ideation to market involves ideation, prototyping, testing, FDA approval, and developing a business model. The Mayo Clinic Platform is a digital innovation platform that connects innovators and entrepreneurs in digital healthcare technology with the tools, data, and expertise they need. AI has the potential to revolutionize dermatology by improving diagnostics, prognostics, and therapeutics, and optimizing practice management. Physicians can prevent burnout and find fulfillment by engaging in innovation and staying at the forefront of technological advancements in dermatology. Chapters 00:00 - Introduction and Background of Dr. Clark Otley 04:15 - The Process of Bringing Ideas from Ideation to Market 09:54 - The Mayo Clinic Platform for Digital Healthcare Innovation 13:45 - The Potential of AI in Dermatology
The democratization of AI technologies has the potential to revolutionize health care on a global scale, leveling the playing field and ensuring more equitable access to advanced medical care. In this episode, Dr. John Halamka, president of Mayo Clinic Platform, highlights the challenges of managing vast patient data, the inefficiencies within health care systems, and emphasizes the pivotal role of AI in addressing biases, promoting transparency, and augmenting clinical decision-making without replacing human expertise. He underscores transparency in AI utilization, advocates for initiatives like mattress labeling to build trust, and champions global access to AI technologies in healthcare to enhance patient outcomes. Tune in and learn how Mayo Clinic is striving to harness the power of artificial intelligence (AI) to revolutionize health care globally! Learn more about your ad choices. Visit megaphone.fm/adchoices
John Halamka, Mayo Clinic Platform president, and Arcadia president and CEO Michael Meucci, discuss how healthcare organizations and policymakers must collaborate to ensure that AI is used ethically and equitably in care delivery.
HIMSS24 Episode 1 Host Justin Barnes broadcasts from HIMSS24 making this the 10th year of hosting his Live from HIMSS special episodes. On this episode Justin checks in with long time friends of the show, Rasu B. Shrestha, MD, MBA, EVP, Chief Innovation and Commercialization Officer for AdvocateHealth and John Halamka, MD, President of the Mayo Clinic Platform. To stream our Station live 24/7 visit www.HealthcareNOWRadio.com or ask your Smart Device to “….Play Healthcare NOW Radio”. Find all of our network podcasts on your favorite podcast platforms and be sure to subscribe and like us. Learn more at www.healthcarenowradio.com/listen
In the newest episode of Gradient Dissent, we explore the intersecting worlds of AI and Healthcare with John Halamka, President of the Mayo Clinic Platform.Journey with us down John Halamka's remarkable path from his early tech startup days to leading innovations as the President of the Mayo Clinic Platform, one of the world's most esteemed healthcare institutions. This deep dive into AI's role in modern medicine covers the technology's evolution, its potential to redefine patient care, and the visionary work of Mayo Clinic Platform in harnessing AI responsibly.Explore the misconceptions surrounding AI in healthcare and discover the ethical and regulatory frameworks guiding its application. Glimpse into the future with Halamka's visionary perspective on AI's potential to democratize and revolutionize healthcare across the globe. Join us for an enlightening discussion on the challenges, triumphs, and the horizon of AI in healthcare through the lens of John Halamka's pioneering experiences.
Artificial intelligence has been rocking industries across the world, and healthcare is no exception. But what impact will it have exactly on physicians? Health systems? Data sovereignty? In this episode, host Rachel (Rae) Woods passes the microphone to Eric Larsen, President Emeritus of Advisory Board and President of TowerBrook Advisors. In this conversation, Eric sits down with Dr. John Halamka, President of the Mayo Clinic Platform, to demystify how the industry should think about generative AI across all of healthcare. Links: Ep. 185: AI adoption: why you can't afford to "wait and see" Ep. 180: Tom Lawry on why AI has a PR problem Lessons from the C-suite AI in healthcare: Insights from 10 C-suite executives Learn more about Advisory Board Sponsorship Learn more about Advisory Board's 2024 Revolutions in Specialty Care Summit A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com.
The most unexpected paths in life often lead to the most rewarding destinations. This fact rings true for Maneesh Goyal, COO of the Mayo Clinic Platform, whose journey from a small town in India to the forefront of healthcare innovation is nothing short of remarkable. On this episode, I have the pleasure of discussing with Maneesh details about his transition from electrical engineering to healthcare, his roots in Ajmer, Rajasthan, and how these experiences have shaped his approach to leadership and innovation in the medical field.Key Takeaways:(00:37) Maneesh's shift from engineering to healthcare leadership.(01:17) The influence his upbringing in Ajmer had on his career.(03:01) The impact migrating to the US had on Maneesh's personal and professional growth.(11:10) Overcoming cultural and educational challenges in the US.(19:28) The role continuous learning played in Maneesh's career development.(34:56) Development of the Mayo Clinic Platform and its focus on innovation.(41:07) Introduction of ‘Hospital at Home' and its impact on patient care.(43:03) Maneesh's vision for integrating technology in healthcare.(45:34) His insights on ‘Indianness' in the professional context.Resources Mentioned:Maneesh Goyal - https://www.linkedin.com/in/goyalmaneesh/Mayo Clinic Platform - https://www.mayoclinicplatform.org/Thanks for listening to the Indianness podcast. If you enjoyed this episode, hit the subscribe button and never miss another insightful conversation with leaders of Indian origin. And be sure to leave a review to help get the word out about the show. #Indian #IndiaBusiness #India #Indianness
John D. Halamka serves as the President of the Mayo Clinic Platform, driving collaboration among solution developers, data partners, and healthcare service providers to spearhead the transformation of healthcare. Drawing from his extensive background in emergency medicine and medical informatics, Dr. Halamka boasts over 25 years of experience in developing and implementing healthcare information strategy and policy. More about our podcast, all released episodes, and us Inga Bergen & Larissa Middendorf can be found at www.visionaries-health.com. All German Episodes unter www.visionaere-gesundheit.de. We proudly present our podcast 'Visionaries of Health' in partnership with HLTH Europe, the US' leading health innovation event, launching in Europe next year, bringing together the entire health ecosystem, to focus on health innovation and transformation. From 17-20 June 2023, the US's #1 health event will come to Amsterdam, bringing the HLTH DNA to Europe. To find out more about HLTH Europe and what it has to offer, visit https://www.hlth.com.
Host Justin Barnes, aka the @HITAdvisor, is at HLTH 2023 creating October as Healthcare/ Digital Health Thought Leadership Month. His guests on this episode are Justin Norden, MD MBA, Partner at GSR Ventures and John Halamka, MD, MS, President of the Mayo Clinic Platform. To stream our Station live 24/7 visit www.HealthcareNOWRadio.com or ask your Smart Device to “….Play Healthcare NOW Radio”. Find all of our network podcasts on your favorite podcast platforms and be sure to subscribe and like us. Learn more at www.healthcarenowradio.com/listen
Healthcare companies are continuing to explore ways in which artificial intelligence can be used to deliver better care to patients and to ease workflow. But bringing AI from the bench to the bedside can be a challenge. That's where Lucem Health comes in.Born as a spinout of Mayo Clinic and Mayo Clinic Platform, Lucem Health is helping accelerate the detection of disease through the application of AI tools. To learn more about the company's origins and the ways in which it utilizes AI, we chatted with Lucem Health CEO and co-founder Sean Cassidy on this week's Medical Alley Podcast to learn more.Sean and our Frank Jaskulke talk about whether AI is overhyped in healthcare, the importance of the partnerships Lucem Health has formed with other companies, how Mayo Clinic's support has helped Lucem Health grow, and much more.Follow Medical Alley on social media on LinkedIn, Facebook, Twitter and Instagram.
Dr. John Halamka, President of the Mayo Clinic Platform, speaks with Dr. Christine Stock, Managing Director of Medical Affairs at Health2047. They discuss the goal of transforming healthcare through platform thinking that leverages global data, focuses on de-identification and curation of data, and emphasizes equity and patient-centric solutions. Dr. Halamka highlights the Mayo Clinic Platform, designed to rapidly scale innovation and collaboration among solution developers, data partners, and healthcare service providers.
Today's guests are using machine learning to turn real world data from past interactions into insights. Dr. Hyde is the co-founder and CEO of Atropos Health which has commercialized the insights exchange for healthcare. Dr. Hyde raised a $14M series in August 2022 from an exceptional group of investors including Breyer Capital and Emerson Capital. Dr. Hyde is joined by an early user of Atropos, Dr. John Halamka, President of the Mayo Clinic Platform. Dr. Halamka has been developing and implementing healthcare information strategy and policy for more than 25 years. He specializes in artificial intelligence, the adoption of electronic health records and the secure sharing of healthcare data for care coordination, population health, and quality improvement. He was elected to the National Academy of Medicine in 2020.For AI and the Future of Work trivia buffs this is one of only three episodes we've recorded with multiple guests. The last one with Tooso founders Ciro Greco and Jacopo Tagliabue was one of our most memorable.Listen and learn...Why ChatGPT shouldn't be used for medical diagnosesHow Atropos uses healthcare data from the Mayo Clinic Platform combined with AI to assist caregiversHow to use AI to automate the research that can otherwise takes weeks or monthsHow the lack of access to data-driven recommendations leads to dangerous patient outcomesWho is responsible when AI makes a bad decision that adversely impacts a patientHow to use NLP to remove PII to make it usable by AI (and certify data hygiene)The challenges of managing patient data at scale in a way that complies with HIPAA regulationsReferences in this episode...ChatGPT's phenomenal adoption rate... by the numbersCiro and Jacopo from Tooso (acquired by Coveo) on AI and the Future of WorkPaddy Padmanabhan on AI and the Future of WorkDipanwita Das, Sorcero CEO, on AI and the Future of WorkThe Mayo Clinic PlatformAtropos Health
The following description was written by ChatGPT based off the full transcript of this episode: "In this AMA Update video and podcast, John Halamka, MD, MS, president of the Mayo Clinic Platform, joins AMA Chief Experience Officer Todd Unger to discuss the integration of artificial intelligence (AI) and specifically, ChatGPT, in medicine. They explore the Mayo Clinic Platform and its use of generative AI, as well as the potential benefits and downsides of this technology in health care. The discussion touches on the importance of credible sources and the potential for misinformation, as well as the need to balance the reduction of human burden with the risk of harm from incorrect diagnoses. Overall, the video and podcast offers insights into the future of AI in health care and its responsible integration."
Host Justin Barnes, aka the @HITAdvisor, continues his conversation with Dr. Halamka the President and Paul Cerrato the Senior Research Analyst and Communications Specialist for Mayo Clinic Platform on their sixth collaborative book. Redefining the Boundaries of Medicine: The High-Tech, High-Touch Path Into the Future can be pre-ordered for its release in April. To stream our Station live 24/7 visit www.HealthcareNOWRadio.com or ask your Smart Device to “….Play Healthcare NOW Radio.” Find all of our network podcasts on your favorite podcast platforms and be sure to subscribe and like us. Learn more at www.healthcarenowradio.com/listen
Host Justin Barnes, aka the @HITAdvisor, brings back Dr. John Halamka the President and Paul Cerrato the Senior Research Analyst and Communications Specialist for Mayo Clinic Platform for the first of a 2-part episode. The platform is harnessing novel technologies to change how care is provided. Their sixth book together, Redefining the Boundaries of Medicine: The High-Tech, High-Touch Path Into the Future can be pre-ordered for its release in April. Hear Justin, John, and Paul discuss the focus of the book. To stream our Station live 24/7 visit www.HealthcareNOWRadio.com or ask your Smart Device to “….Play Healthcare NOW Radio.” Find all of our network podcasts on your favorite podcast platforms and be sure to subscribe and like us. Learn more at www.healthcarenowradio.com/listen
In 2023, leaders in health IT analytics, mHealth, EHR, and health IT security will see innovation around healthcare consumerism and provider burden. Experts from HITRUST, Surescripts, Mass General Brigham Health System, and Mayo Clinic Platform share their projections for the new year. Multimedia Manager's Note (1/17/2023): This is an updated version of the podcast episode that went live on January 16, 2023. The original version misattributed some of the guests. The guests in order of appearance are: - Frank Harvey, chief executive officer of Surescripts, - John Halamka, MD, president of Mayo Clinic Platform - Lee Schwamm, MD, vice president of digital patient experience at Mass General Brigham Health System - Robert Booker, chief strategy officer and executive vice president of the center of excellence at HITRUST
January 6, 2023: What is the state of data, AI and innovation in healthcare? Meet our first guest of 2023! John Halamka, MD, President of the Mayo Clinic Platform. At Mayo, they think about the patient first. In five years from now, practice without AI will be considered malpractice. How is AI being integrated into clinician's current workflows? How can we validate AI models across the largest population set and avoid bias? How can data improve interoperability in the US? What can we do now to accelerate the pace of innovation in healthcare across the board?Key Points:If Mayo were a government, it would be a socialist society because all 73,000 staff are asking, how do we make things better for every patient we encounter every single day?Advice for healthcare startups is, ask yourself what real world problem are you solving and who will pay for it?What is CHAI (Coalition for Health AI) and how is it providing guidelines for the responsible use of AI in healthcare?Mayo Clinic PlatformRegister now for our February 2nd webinar: Priorities for 2023. A CIO Discussion with Academic Medical Centers. Only available LIVE! Subscribe: This Week HealthLinkedIn: Week HealthTwitter: This Week HealthDonate: Alex's Lemonade Stand: Foundation for Childhood Cancer
Jim Rogers of Mayo Clinic Jim Rogers, Chief Business Development Officer and Interim Chief Strategy Officer for Mayo Clinic, shares highlights from the first three years of the Mayo Clinic Platform. The pipeline of physical, location-based care is ultimately not scalable for an organization that leads the world in innovation. Learn how running a platform business is different than running a medical center, and how it helps Mayo Clinic achieve its mission of inspiring hope and promoting health through integrated clinical practice, education and research. Find all of our network podcasts on your favorite podcast platforms and be sure to subscribe and like us. Learn more at www.healthcarenowradio.com/listen/
Jim Rogers, Chief Business Development Officer and Interim Chief Strategy Officer for Mayo Clinic, shares highlights from the first three years of the Mayo Clinic Platform. The pipeline of physical, location-based care is ultimately not scalable for an organization that leads the world in innovation. Learn how running a platform business is different than running a medical center, and how it helps Mayo Clinic achieve its mission of inspiring hope and promoting health through integrated clinical practice, education and research. See omnystudio.com/listener for privacy information.
At Mayo Clinic, the Department of Business Development is the front door to business. From technology commercialization to strategic partnerships, the ultimate goal of innovation at Mayo Clinic is to improve health outcomes and benefit patients.Business Development has two divisions: Mayo Clinic Ventures, which is Mayo's technology development and commercialization group, responsible for assisting Mayo innovators in advancing their invention ideas into actual products. Corporate Development, which is focused on creating opportunities such as partnerships, joint ventures, and new company formation. "Mayo has about 7,000 active inventors across its campuses, which is quite incredible," says Dr. Clark Otley, medical director for the Department of Business Development at Mayo Clinic. "Every week, I receive a list of the new invention ideas and technologies that they think up, and I am frankly in awe of their creativity and drive to help our patients." Mayo Clinic Ventures works hand in hand with all three shields at Mayo Clinic — Research, Practice and Education — to advance the best ideas to the marketplace. "In many parts of health care, a 10% success rate is considered standard," explains Dr. Otley. "Mayo's success rate in achieving at least some degree of commercial success is closer to 30%, thanks to our amazing inventors and the hard work of our Mayo Clinic Ventures staff." Mayo's key invention activities and innovations align with the strategic plan to "Cure. Connect. Transform." Business Development supports key activities in each of those areas: In Cures, Business Development is partnering with our Research and Practice innovators to advance technologies aimed at restoring vision, diagnosing cancers bodywide through a blood test, manipulating the proximal small intestine to reverse diabetes, controlling recalcitrant seizures and regenerating organs that have worn out, and many more areas. In Connect, Business Development is partnering with innovators in the practice, Center for Digital Health and Mayo Clinic Platform to advance the care of patients with serious or complex diseases in the comfort of their home, caring for pregnant patients in more effective and less disruptive ways, and even extending cancer care beyond the walls of Mayo Clinic. In Transform, Business Development is partnering with Mayo Clinic Platform to advance new, transformative, data-science-based platform solutions that aim to extend Mayo's expertise, powered by artificial intelligence, to patients across the world, in conjunction with colleagues from Mayo Clinic International. Past successes help support future endeavors at Mayo Clinic."The big news is that Mayo is about the hit a milestone related to inventing," says Dr. Otley. "Sometime this winter, Mayo will reach the $1 billion milestone of revenue brought back from our inventing activity, supported by Mayo Clinic Ventures. And the beautiful thing is that those proceeds are reinvested back into our three-shield mission of Practice, Education and Research to maintain the virtuous cycle of invention in patient care."On the Mayo Clinic Q&A podcast, Dr. Otley joins host, Dr. Halena Gazelka, to share an inside look at invention at Mayo Clinic.
Meet the Guests:For this special Thanksgiving episode, we reached out to leaders from all three of our Think Medium shows. Leslie Norwalk is a Strategic Advisor at Epstein Becker & Green. Stephen Beeson, M.D. is the founder and CEO of Practicing Excellence. John Halamka, M.D., M.S. is President of Mayo Clinic Platform. Key Insights:For this holiday episode, we asked leaders what they are thankful for this Thanksgiving.Thankful for Family. Leslie Norwalk is thankful for friends and family. She recently lost her father, and that event has highlighted the importance of her sisters and other family. Thankful for the Journey. Dr. Beeson is grateful for the pain points and rollercoaster that is founding a company. It provided perspective on what is important in life and family. Thankful for Young Leaders. Dr. Halamka is thankful to be able to mentor and pass on knowledge to the next generation of healthcare leaders.
November 7, 2022: Guillaume deZwirek, CEO and Founder of Artera joins Bill for the news today. Digital health decision makers can pick from thousands of options when it comes to competing tech solutions. How do you ensure the best value for your patients and a good return on investment? Our current healthcare model functions as a pipeline, which is linear, highly transactional, and inflexible. How does the unique architecture designed Mayo Clinic Platform help health systems to fulfill the need for more cures and innovation while also decreasing health care inequity? Health Affairs reports that while not all administrative spending is wasteful, about half is likely ineffective, meaning it has no effect on care quality.Key Points:What industries are currently the gold standard in customer service?What are the risks of striking a deal with a digital health company?Are health systems becoming consumer-centric in terms of their approach to delivering care?ArteraStories:Digital health decision makers on picking from thousands of options - Modern HealthcareTransforming health care through platforms - LinkedInAdministrative waste comprises 15 to 20% of healthcare spending, Health Affairs shows - Healthcare Finance NewsSign up for our webinar: Hospital-at-Home: The Future of Healthcare - Thursday December 1 2022: 1pm ET / 10am PT. Subscribe: https://www.thisweekhealth.com/subscribe/Twitter: https://twitter.com/thisweekhealthLinkedin: https://www.linkedin.com/company/ThisWeekHealth
John Halamka, MD, president of the Mayo Clinic Platform, provides the latest updates on national HIT policy and prognosticates on future direction. Source: HIT Policy Update on healthsystemcio.com - healthsystemCIO.com is the sole online-only publication dedicated to exclusively and comprehensively serving the information needs of healthcare CIOs.
As a self-described latchkey kid growing up in Los Angeles, Dr. John Halamka says riding his bike to Raytheon, Hughes Aircraft and Aerojet – and pulling integrated circuits and manuals from their dumpsters to learn how they worked – lured him into the world of technology. Not long after, he started developing his first healthcare-related IT system, which he sold to UCLA when he was 14.Those experiences kicked-off a career where Dr. Halamka has worked at the intersection of technology and healthcare for five decades. Trained in emergency medicine and medical informatics, Dr. Halamka has served in many roles, including chief information officer at Beth Israel Deaconess Medical Center for more than 20 years, where he oversaw digital health relationships with industry, academia, and governments worldwide. As the International Healthcare Innovation Professor at Harvard Medical School, Dr. Halamka helped the George W. Bush administration, Obama administration, and governments around the world plan their health care information strategies.In his current role as president of the Mayo Clinic Platform, Dr. Halamka leads a portfolio of platform businesses focused on transforming health care by leveraging artificial intelligence, connected health care devices and a network of trusted partners.In this episode of Healthcare is Hard, Dr. Halamka shares his perspective on the evolution of digital health and where the industry is headed through an in-depth conversation with Keith Figlioli. The topics they cover include:Mayo's platform play. As president of the Mayo Clinic Platform, Dr. Halamka spends time explaining the organization's view about what constitutes a platform and why it's important. He describes it as an ecosystem that's built to foster innovation at an extraordinarily fast pace. He contrasts the approach to other healthcare organizations where building collaboration is hard, and discusses how the Mayo Clinic Platform makes it easy for innovators to find mentors, access millions of de-identified patient records to test new technology, tap into thousands of clinical experts to address a problem, and so much more.The arc of healthcare IT. Dr. Halamka explains innovation in digital health – especially through the implementation of Meaningful Use over the past decade – with a quote from Winston Churchill: “Americans will always do the right thing. After they've tried everything else.” While it took a long time to arrive, he does not lament the journey and expresses optimism for the current state and future of digital health.Guardrails for AI and ML. Much like Google Cloud's Aashima Gupta described in a past Healthcare is Hard episode, Dr. Halamka talks about the need for a standard set of metrics to measure the performance of AI models in healthcare. He views his career as seven or eight distinct periods of achievement including events like standardizing vocabularies or moving to APIs, and believes the next period will be about creating the guidelines, guardrails and transparency for machine learning in healthcare, and using it ubiquitously across the globe. Convergence of AI and ML models. Dr. Halamka says he is seeing an amazing array of startup activity creating models for niche purposes on multimodal data. He says there will be a huge number of model providers and talks about the importance of platform players being able to bring them together. He says data liquidity and a huge ecosystem of players coming together will be revolutionary in the ability for people to navigate their health care.To hear Dr. Halamka and Keith talk about these topics and more, listen to this episode of Healthcare is Hard: A Podcast for Insiders.
July 1, 2022: A special episode of Keynote this week combines different guests and topics that really illustrate what this channel is all about and what conversations we've been able to have the past 6 months. We've clipped together some of our favorite moments, though it was hard to choose just a few. In Part 1 of our curated playlist, we feature the following guests and topics: 1. Mark Cuban, American billionaire & entrepreneur, Mark Cuban Cost Plus Drug Company - https://youtu.be/uGrhGnB4XoM (How will Mark Cuban Break into the Existing Systems in Healthcare to Make Equity Changes?) 2. John Halamka, President of Mayo Clinic Platform - https://youtu.be/yyBrKCUYOCE (AI and the Future of the EHR in Healthcare) 3. Angela Yochem, EVP Chief Transformation & Digital Officer at Novant Health - https://youtu.be/0MM_sRyNjwc (The Future Of Healthcare Is Empowering The Individual To Manage Their Wellness In A Continuum) 4. Lee Shapiro, Managing Partner at 7wireVentures - https://youtu.be/qSkj5PghCX0 (2022 Fundraising Predictions from Managing Partner of 7WireVentures) 5. Glen Tullman, CEO at Transcarent - https://youtu.be/sOq9T9adsxs (How Transcarent is Challenging the Confusing, Complex, and Costly State of Healthcare) 6. Missy Krasner, Venture Chair at Redesign Health - https://youtu.be/V7om0ZjE-fU (Big Tech's Decentralized Approach To Healthcare Innovation And Its Affect On Partnerships) 7. Rob DeMichiei, Former CFO / Board Director and Strategic Advisor at Health Catalyst- https://youtu.be/mBNPsyOfBGI (Healthcare Providers Reassess Strategy to Compete with 2022 Landscape) 8. Lee Milligan, CIO at Asante - https://youtu.be/u12sN2jK-_I (The First Moments of a Ransomware Attack: That First Phone Call)
Dr. John Halamka, President of the Mayo Clinic Platform, kicked off the second day of ASTHO's Public Health TechXpo urging public health leaders to take advantage of what he calls a "golden period” in history; Dr. Lisa Piercey, Commissioner for the Tennessee Department of Health, explains how data systems must work better together if we hope to meet the nation's goal of ending the HIV epidemic by 2030; and you can still catch recordings of the discussions and panels by logging in from the TechXpo home page. ASTHO Website: Public Health TechXpo ASTHO News Release: Getting Ahead of the Next Pandemic, Leaders Convene to Identify Solutions to Transform U.S. Health Data
John Halamka, MD, president of the Mayo Clinic Platform, provides the latest updates on national HIT policy and prognosticates on future direction. Source: HIT Policy Update on healthsystemcio.com - healthsystemCIO.com is the sole online-only publication dedicated to exclusively and comprehensively serving the information needs of healthcare CIOs.
Meet John Halamka, M.D., M.S.:John Halamka, M.D., M.S. is an Emergency Medicine physician and the president of Mayo Clinic Platform. He has authored a number of books on technology and healthcare. Additionally, He and his wife run Unity Farm Sanctuary in Sherborn, Massachusetts. Prior to Mayo Clinic, Dr. Halamka was Chief Information Officer at Beth Israel Deaconess Medical Center. He received his M.D. from the University of California, San Francisco and earned an M.S. in Medical Informatics from Harvard University.Key Insights:John Halamka, M.D., M.S. is an expert in digital health and information technology. He provides a vision of AI's potential, and the challenges healthcare will need to consider. Investments in Data. Mayo Clinic Platform's business partnerships will explore new ways to gather and clean data, analyze models, and deliver clinical results while maintaining patient privacy. (8:49)How Advanced is AI? While the technology is advanced, with a variety of machine learning tools, we currently lack proper policy guardrails to determine best practice for AI. Additionally, many patients feel suspicious of algorithms making healthcare decisions. (14:09)Augmenting Physician Practice. As an emergency physician, Dr. Halamka notes that there are approximately 800 papers in his field published every day. A single physician can't keep up, but AI has the potential to integrate vast data streams to improve clinical decision making. (26:31)Relevant Links:Check out Dr. Halamka's blogFollow him on twitter Check out Dr. Halamka's books
January 7, 2022: https://www.linkedin.com/in/johnhalamka/ (John Halamka, MD), President of the Mayo Clinic Platform is our Keynote guest today. What's the promise of AI in healthcare? Why are we pursuing it? What are the challenges that remain in its adoption? Where does the technology stand in terms of transparency and useful testing ability? What are the three main problems with EHR data sets and how can we address them? How far away are we from solid clinical use cases with wrist wearables? Are we getting to real quality data that can be used? And can we call the EHR a platform? Or is it still a transactional system? Key Points: 00:00:00 - Intro 00:06:00 - AI has a credibility problem in healthcare 00:07:30 - Algorithms are mostly probabilistic, multi-tiered mathematical equations that don't necessarily have easy explainability 00:19:00 - Is the EHR a platform? Or is it more like a transactional system with aspects of a platform? 00:20:10 - The perfect storm for innovation is an alignment of technology, policy and culture. 00:31:35 - You can augment humans to make them wildly more productive if they're doing review rather than authorship
John Halamka, MD, president of the Mayo Clinic Platform, provides the latest updates on national HIT policy and prognosticates on future direction. Source: HIT Policy Update with John Halamka, MD on healthsystemcio.com - healthsystemCIO.com is the sole online-only publication dedicated to exclusively and comprehensively serving the information needs of healthcare CIOs.
As a “free-range” child in the late ‘60s and early ‘70s, Dr. John Halamka rode his bicycle to the dumpsters of defense contractors, pulling out the integrated circuits they had thrown away. By age 14, he had gained an advanced understanding of technology, however his passion lied in biology and life sciences—which led to a “crazy idea”: “What if I made a career that brought together technology and service to patients?” Roughly a half century after his novel notion, Dr. Halamka joins Change Healthcare's Tim Suther to share stories and lessons from the leading edge of incorporating social determinants of health (SDoH) and individual data into healthcare. On today's show, Dr. John Halamka joins Tim Suther to discuss gaps that exist between what we know about SDoH and individual-level data in healthcare, and how organizations are incorporating individual-level data to drive better care outcomes. Today's panel: Dr. John Halamka, president, Mayo Clinic Platform; and Tim Suther, senior vice president, data solutions at Change Healthcare. Here's what they chatted about: Why is the real-world healthcare experience still decidedly mixed despite knowledge that social determinates affect up to 80% of health outcomes? Lessons from the front lines of healthcare, including what works and what doesn't. How we end up with incorrect or ineffective healthcare data, and the need for alternate sources of data. Incorporating social determinants into predictive algorithms, and where these algorithms are most likely to fail. Why “innovation without risk” is an unrealistic goal, and how organizations can approach innovation instead. Why healthcare organizations need to make data security a priority, along with an approach Mayo Clinic uses to protect patient data.
July 9, 2021: It's astonishing how many things have changed in healthcare over the last 18 months. John Halamka, President of the Mayo Clinic Platform shares their concept and vision for the future. How is this new rolled back regulatory environment affecting investment and consumer behaviors? How do we take data and use it in novel ways? How do we incorporate algorithms and workflow? Episodic medical care often falls short. How is digital going to help? He also touches on remote patient monitoring, the Vaccine Credential Initiative and his brand new book The Digital Reconstruction of Healthcare: Transitioning from Brick and Mortar to Virtual Care.OPEN NOW! HRSA Announces New Loan Repayment Program for Behavioral Health Providers - Apply to the Substance Use Disorder Treatment and Recovery Loan Repayment ProgramEvery day you're using skills to help end substance use disorders (SUD) within your community. The Health Resources and Services Administration is here to help you with the new STAR LRP (Substance Use Disorder Treatment and Recovery Loan Repayment Program). Pay off your school loans with up to $250,000 from the STAR LRP in exchange for six years of full-time service at an approved facility. Behavioral health clinicians, paraprofessionals, clinical support staff and many others trained in substance use disorder treatment are encouraged to apply. Applications are open until Thursday, July 22, 2021 at 7:30 p.m. ET. Key Points:The perfect storm for innovation is when government, academia and industry align. And there's a sense of urgency to change. [00:02:50] John Deere is now a platform data company [00:07:40] Mayo Clinic, Kaiser Permanente invest in Medically Home [00:12:20] Medically Home [00:12:20] As we train our next generation of doctors we're going to see a specialty called a Virtualist [00:21:30] The Digital Reconstruction of Healthcare: Transitioning from Brick and Mortar to Virtual Care” Book by John Halamka and Paul Cerrato [00:22:05] Vaccine Credential Initiative [00:39:10]
Dr. Bob talks with John Halamka, President of Mayo Clinic Platform, about how COVID has forced medicine to embrace technology at a blistering pace. They discuss what changed, what will stick around post-COVID, and why a computer will never be able to fully replace your doctor. But, are we close to having Alexa diagnose your illnesses? Follow Dr. Bob on Twitter @Bob_Wachter and check out In the Bubble’s Twitter account @inthebubblepod. John Halamka is on Twitter @jhalamka. Keep up with Andy in D.C. on Twitter @ASlavitt and Instagram @andyslavitt. In the Bubble is supported in part by listeners like you. Become a member, get exclusive bonus content, ask questions, and get discounted merch at https://www.lemonadamedia.com/inthebubble/. Support the show by checking out our sponsors! Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: https://drive.google.com/file/d/1NEJFhcReE4ejw2Kw7ba8DVJ1xQLogPwA/view Check out these resources from today’s episode: Read Bob’s Washington Post op-ed about why it’s a dangerous time to be unvaccinated: https://www.washingtonpost.com/opinions/2021/04/19/this-is-most-dangerous-moment-be-unvaccinated/ Keep up with the latest news from Mayo Clinic: https://newsnetwork.mayoclinic.org/ Learn more about the COVID-19 Healthcare Coalition: https://c19hcc.org/ Read up on the legacy of Henrietta Lacks: https://www.hopkinsmedicine.org/henriettalacks/ Order Bob’s book, The Digital Doctor: Hope, Hype, And Harm At The Dawn Of Medicine’s Computer Age: https://www.mhprofessional.com/9781260019605-usa-the-digital-doctor-hope-hype-and-harm-at-the-dawn-of-medicines-computer-age-group Learn more about Dr. Bob Wachter and the UCSF Department of Medicine here: https://medicine.ucsf.edu/ To follow along with a transcript and/or take notes for friends and family, go to www.lemonadamedia.com/show/in-the-bubble shortly after the air date. Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia. For additional resources, information, and a transcript of the episode, visit lemonadamedia.com. See omnystudio.com/listener for privacy information.
Transforming health care and health care delivery are priorities for the Mayo Clinic Platform, according to Dr. John Halamka, president of the Mayo Clinic Platform. "If we are going to deliver advice, let's make sure it's customized to the person, their geography, the time of year, all those other variables," says Dr. Halamka. He adds that the COVID-19 pandemic has revealed how well that can work. "COVID-19 has taught us, culturally, that it's actually OK to do things at a distance," says Dr. Halamka. "We've been able to do remote infusions of things like remdesivir. We've been able to enhance the patient's experience of getting COVID-19 treatment without them having to leave their homes." In this Mayo Clinic Q&A podcast, Dr. Halamka explains artificial intelligence, talks about new devices generating new kinds of data, and how to make sure those data are used ethically. He also offers predictions about what health care will look like in the future. For more information, visit the Mayo Clinic News Network.
There's a transformation taking place in Rochester, Minnesota, home to Mayo Clinic. Destination Medical Center is a nearly $6 billion transformation of the city, creating a global destination for health and wellness. Lisa Clarke, Executive Director of the Destination Medical Center Economic Development Agency, and Dr. Clark Otley, Chief Medical Officer of the Mayo Clinic Platform and Medical Director of Mayo Clinic's Department of Business Development, are both intimately involved with this transformation and the evolution of Rochester, Minnesota.
Hear Dr. John Halamka share why the nature of his job is so bold, as a doctor who uses engineering principles in tech leadership. Dr. Halamka also talks about why he is incredibly optimistic about the future of virtual care, after experiencing a four-fold increase during the pandemic. He also shares how he approaches advanced innovation; where he thinks health IT will be in 10 years; and the importance of creating something greater than the sum of the parts.
The COVID-19 pandemic has accelerated the use of digital health care, with telemedicine playing a big role in treating patients during the pandemic. But telemedicine appointments are just the tip of the iceberg when it comes to changing the way health care will be delivered in the future. Mayo Clinic Platform is a collection of initiatives focused on transforming health care by using technology, big data and artificial intelligence to make connections. On the Mayo Clinic Q&A podcast, Dr. John Halamka, president of Mayo Clinic Platform, explains how the platform initiatives are meeting patient needs and creating new care delivery possibilities.
The COVID-19 pandemic has accelerated the use of digital health care, with telemedicine playing a big role in treating patients during the pandemic. But telemedicine appointments are just the tip of the iceberg when it comes to changing the way health care will be delivered in the future. Mayo Clinic Platform is a collection of initiatives focused on transforming health care by using technology, big data and artificial intelligence to make connections. On the Mayo Clinic Q&A podcast, Dr. John Halamka, president of Mayo Clinic Platform, explains how the platform initiatives are meeting patient needs and creating new care delivery possibilities. Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Transforming health care and health care delivery are priorities for the Mayo Clinic Platform, according to Dr. John Halamka, president of the Mayo Clinic Platform. "If we are going to deliver advice, let's make sure it's customized to the person, their geography, the time of year, all those other variables," says Dr. Halamka. He adds that the COVID-19 pandemic has revealed how well that can work. "COVID-19 has taught us, culturally, that it's actually OK to do things at a distance," says Dr. Halamka. "We've been able to do remote infusions of things like remdesivir. We've been able to enhance the patient's experience of getting COVID-19 treatment without them having to leave their homes." In this Mayo Clinic Q&A podcast, Dr. Halamka explains artificial intelligence, talks about new devices generating new kinds of data, and how to make sure those data are used ethically. He also offers predictions about what health care will look like in the future. For more information, visit the Mayo Clinic News Network. Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
At Mayo Clinic, the Department of Business Development is the front door to business. From technology commercialization to strategic partnerships, the ultimate goal of innovation at Mayo Clinic is to improve health outcomes and benefit patients.Business Development has two divisions: Mayo Clinic Ventures, which is Mayo's technology development and commercialization group, responsible for assisting Mayo innovators in advancing their invention ideas into actual products. Corporate Development, which is focused on creating opportunities such as partnerships, joint ventures, and new company formation. "Mayo has about 7,000 active inventors across its campuses, which is quite incredible," says Dr. Clark Otley, medical director for the Department of Business Development at Mayo Clinic. "Every week, I receive a list of the new invention ideas and technologies that they think up, and I am frankly in awe of their creativity and drive to help our patients." Mayo Clinic Ventures works hand in hand with all three shields at Mayo Clinic — Research, Practice and Education — to advance the best ideas to the marketplace. "In many parts of health care, a 10% success rate is considered standard," explains Dr. Otley. "Mayo's success rate in achieving at least some degree of commercial success is closer to 30%, thanks to our amazing inventors and the hard work of our Mayo Clinic Ventures staff." Mayo's key invention activities and innovations align with the strategic plan to "Cure. Connect. Transform." Business Development supports key activities in each of those areas: In Cures, Business Development is partnering with our Research and Practice innovators to advance technologies aimed at restoring vision, diagnosing cancers bodywide through a blood test, manipulating the proximal small intestine to reverse diabetes, controlling recalcitrant seizures and regenerating organs that have worn out, and many more areas. In Connect, Business Development is partnering with innovators in the practice, Center for Digital Health and Mayo Clinic Platform to advance the care of patients with serious or complex diseases in the comfort of their home, caring for pregnant patients in more effective and less disruptive ways, and even extending cancer care beyond the walls of Mayo Clinic. In Transform, Business Development is partnering with Mayo Clinic Platform to advance new, transformative, data-science-based platform solutions that aim to extend Mayo's expertise, powered by artificial intelligence, to patients across the world, in conjunction with colleagues from Mayo Clinic International. Past successes help support future endeavors at Mayo Clinic."The big news is that Mayo is about the hit a milestone related to inventing," says Dr. Otley. "Sometime this winter, Mayo will reach the $1 billion milestone of revenue brought back from our inventing activity, supported by Mayo Clinic Ventures. And the beautiful thing is that those proceeds are reinvested back into our three-shield mission of Practice, Education and Research to maintain the virtuous cycle of invention in patient care."On the Mayo Clinic Q&A podcast, Dr. Otley joins host, Dr. Halena Gazelka, to share an inside look at invention at Mayo Clinic. Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy